YOUR COMPANY IS LOOKING FOR BUSINESS FINANCING!
CUSTOMIZED FINANCING SOLUTIONS AND COMMERCIAL LOANS
You've arrived at the right address! Welcome to 7 Park Avenue Financial
Financing & Cash flow are the biggest issues facing businesses today
ARE YOU UNAWARE OR DISSATISFIED WITH YOUR CURRENT BUSINESS FINANCING OPTIONS?
CALL NOW - DIRECT LINE - 416 319 5769 - Let's talk or arrange a meeting to discuss your needs
EMAIL - sprokop@7parkavenuefinancial.com
7 Park Avenue Financial
South Sheridan Executive Centre
2910 South Sheridan Way
Suite 301
Oakville, Ontario
L6J 7J8
THE SMALL BUSINESS FINANCING CHALLENGE
Business financing in Canada must often seem like a ' CSI ' like capital mystery to the Canadian business owner and financial manager.
If he or she is on the right track they can almost be looked upon as ' stalkers ' when it comes to searching for the (right) business capital to finance their growing businesses to the full potential. And it sure feels sometimes that the whole financing process feels like a ‘ crime scene ‘ of sorts. Let's dig in!
CORPORATE LOANS / LENDING / FINANCING
Planning business finance strategies allow your firm to stay ahead of the game. And your ability to put the right strategy in place will always allow you to bargain with strength when it comes to financing your company.
One question business owners/mgr's face is the issue of getting financing with their own internal resources and expertise or seeking the input of an external financial advisor. That role can be filled by your accountant, lawyer, or business financing advisor with a track record of success and one with whom you are comfortable.
A suitable amount of planning has to be in place- a simple understanding of where your firm’s balance sheet is at today, and where it needs to be when it comes to planned growth.
One part of the whole planning process that can more easily be defined is your need to plan for equipment asset needs. Here the cost of these assets, their useful life, and the cash flow implications can all be addressed by EQUIPMENT FINANCE / LEASE solutions. Whether it’s a 5k copier or a million-dollar production asset for the shop floor it's all about achieving the right lease finance solution.
While a formal business plan and cash flow forecast aren’t needed when it comes to ' stalking' those financing options we can say that it sure helps. A proper plan or cash flow will allow you to clearly understand what funding you will need, and when.
YOUR FIRM WANTS FLEXIBLE LENDING OPTIONS
There are probably about 15 quickly identifiable sources of financing for your firm. They are boiled down to 3 simple categories - debt, equity, or asset monetization. Looking for a ' shopping list' for these financings for credit approval ?
Here they are:
CANADIAN BUSINESS FINANCING SOLUTIONS! SMALL BUSINESS LOANS AND LINES OF CREDIT
Receivable Finance - a solid alternative to a bank operating line
Inventory financing
Sale leasebacks - refinancing fixed assets or commercial real estate & refinancing commercial mortgages
Equipment leases - long term financing for capital asset and equipment purchase and technology acquisitions
PO/ Contract financing - Export Development Canada credit insurance or purchase order financing from asset-based lenders and other commercial finance firms
Asset-based lending / bridge loans -
Commercial bank revolving lines of credit
Royalty finance arrangements
Working capital term loans for funds to run your business day to day
Government SBL loans - Talk to the 7 Park Avenue Financial team on which financial institutions best suit your government-guaranteed loan needs - This is a term loan structure to a maximum of 350k at competitive interest rates for new and small businesses - Leasehold improvements can also be financing under the program
Subordinated debt/cash flow/mezzanine type financing
Private equity
Merchant cash advance - short term working capital loans for easy access to small loans in the 100k-200k range for short term/emergency funding
FLEXIBLE COMMERCIAL LENDING OPTIONS
And the $ 64,000.00 question? Which one... or ones are right for your firm. That comes down fundamentally to two issues - your capital structure and your overall creditworthiness for the financial institution or commercial finance company -
FINANCING THAT HELPS YOU GROW AND SUPPORTS YOUR BOTTOM LINE
If there is any good news in Canadian business financing it's that your firm can be a start-up, high growth, mature and doing well, or in bankruptcy or receivership proceedings - the bottom line ?... There's still a financing option for your firm.
A good way to prepare for that ' stalking' process we've talked about is to simply understand what stage of business life your own firm is in - as per above, and ensure you focus in on the financing alternatives that are REALISTICALLY available for your business. It’s simply addressing the cash issue in the context of where your company is in its life cycle.
Is there a perfect financing strategy available for your firm? Sorry Virginia, but the truth is that some work better than others, and some cost less... or more than others.
CONCLUSION: MORE INFORMATION / INTERESTED IN LEARNING MORE?
If you want to address what commercial lending options are available for your firm speak to 7 Park Avenue Financial, a trusted, credible and experienced Canadian business financing advisor for a single point of contact who can assist you in growing business meeting the capital solutions that make sense for your firm and it's business needs, right here, and right now!
FAQ: FREQUENTLY ASKED QUESTIONS
Is a commercial loan a business loan?
A commercial loan is a type of financing that’s designed for business owners. These loans can come in different forms -A commercial loan is a type of financing that businesses use to finance their day-to-day operations and growth while larger companies may take out more extensive projects like buying new equipment or other businesses or competitors
Click here for the business finance track record of 7 Park Avenue Financial